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Was going to make the same comment. I remember Peter talking about how he used foot traffic at the mall to size up retailers he was looking at back in the earl
by blihp 7y ago
Was going to make the same comment. I remember Peter talking about how he used foot traffic at the mall to size up retailers he was looking at back in the early 90's. These were interviews on channels like CNBC, so pretty widely watched by retail investors.
All the satellites do is automate the work and I'm pretty sure hedge funds have been using satellite pics for well over a decade now. (I recall reading about the parking lot use case pre-2010) So really all that's changed is that they're now using ML to automate most of the work that analysts used to do manually.
- pigscantfly 7y agoThey've been using ML to automate most of that work for at least five years.